A high school degree used to signal exactly that and enabled holders to get a “good job”. We mistook the map for the territory and insisted that everyone get a

A high school degree used to signal exactly that and enabled holders to get a “good job”. We mistook the map for the territory and insisted that everyone get a high school diploma, reasoning that this would enable everyone to get a good job. In doing so we destroyed the signal and the good job gatekeeper was moved to an undergrad degree. We are now in the process of doing the same thing again, and employers are starting to look for master’s degrees.